News & Analysis as of

Emerging Growth Companies Registration Requirement

Emerging Growth Companies (EGC) are companies with total yearly gross revenues of under $1 billion for the most recently completed fiscal year.  
Foley Hoag LLP - Public Companies & the Law

SEC Expands Confidential Registration Statement Submission Process

On March 3, 2025, the Staff of the SEC Division of Corporate Finance announced an expansion of the accommodations that allow issuers to confidentially submit draft registration statements (DRSs) for nonpublic review. This is...more

Bass, Berry & Sims PLC

Key Considerations for Emerging Companies: Government Contracting Opportunities for “Small Businesses”

With a contracting budget approaching $650 billion per year, the United States government is the largest consumer of goods and services globally. In 2020, the federal government spent $145 billion, an equivalent of 26% of its...more

McDermott Will & Emery

Come on In, the Water’s Fine: SEC Proposes Expanding “Test-the-Waters” Communications to All Issuers

On February 19, 2019, the SEC proposed a new rule, Rule 163B, that would allow all issuers to engage in “test-the-waters” communications prior to the effectiveness of a registration statement for a public offering. The...more

Mayer Brown Free Writings + Perspectives

Testing the Waters for All? Proposed New Rule Would Expand Accommodation to All Issuers

Since the Jumpstart Our Business Startups (JOBS) Act was enacted in 2012, emerging growth companies (EGCs) have benefited from the opportunity to test the waters with investors and gauge interest in a potential offering....more

Mayer Brown Free Writings + Perspectives

Is Reg A a Success?

Neal Newman assesses the success of Regulation A in a paper titled, “Regulation A+: New and Improved after the JOBS Act or a Failed Revival?” The author reviews the 267 Regulation A filings made between August 13, 2012 and...more

Mayer Brown Free Writings + Perspectives

Securities Related Bills Pass in the House of Representatives

A number of capital formation-related bills passed in the House this week with bipartisan support. These include: H.R. 5877, the “Main Street Growth Act,” sponsored by Rep. Tom Emmer (R-MN), which would amend the...more

Farrell Fritz, P.C.

Unchained: Delaware Authorizes Blockchain Technology for Corporate Records

Farrell Fritz, P.C. on

On August 1, 2017, Delaware became the first state to allow corporations to record issuances, transfers and ownership of stock using blockchain technology. The amendments were passed by the Delaware State Senate and House of...more

Latham & Watkins LLP

US IPO Guide 2016 Edition

Latham & Watkins LLP on

This is our initial public offering guide. It will help you decide whether an IPO is the right move for your company and, if so, help you make sure your IPO goes off as quickly and as smoothly as possible, without any...more

Morrison & Foerster LLP - JOBS Act

JOBS Act Quick Start – A Brief Overview of the JOBS Act, 2016 Update

Many market participants were taken by surprise by the enactment of the Jumpstart Our Business Startups (JOBS) Act. The JOBS Act, HR 3606, was passed by the United States House of Representatives on March 8, 2012. On March...more

Baker Donelson

FAST Act Brings Holiday Cheer to Issuers

Baker Donelson on

"Fixing America's Surface Transportation Act," also known as the FAST Act, was signed by President Obama on December 4, 2015. Although primarily aimed at authorizing spending on highway and transit projects, the FAST Act...more

Pillsbury Winthrop Shaw Pittman LLP

FAST Act’s Hidden Securities Law Benefits

The so-called “Fixing America’s Surface Transportation Act” or “FAST Act” was signed into law on December 4, 2015. Buried in the legislation are changes to the JOBS Act and the Securities Act of 1933 that add a statutory...more

Cooley LLP

Blog: Corp Fin Posts Two FAST Act CDIs

Cooley LLP on

The SEC has posted two new CDIs interpreting provisions of the FAST Act.  Both relate to Section 71003, which allows EGCs to omit from their registration statements certain historical financial statements....more

Cooley LLP

President Signs FAST Act (Updated December 10, 2015)

Cooley LLP on

The President has signed the FAST Act into law. As previously discussed, this transportation bill contains several measures that modify the JOBS Act or otherwise relate to capital raising for emerging growth companies,...more

Stoel Rives LLP

In Case You Missed It - Interesting Items for Corporate Counsel - December 2015

Stoel Rives LLP on

As anyone even vaguely familiar with how legislative sausage is made might suspect, interesting changes to U.S. securities laws are embedded in the casing of the recently enacted FAST Act (Fixing America’s Surface...more

Stinson LLP

FAST Act to Streamline Securities Laws

Stinson LLP on

The Fixing America's Surface Transportation Act, or FAST Act, is really a transportation bill but has provisions meant to simplify securities laws and capital raising measures. The FAST Act was signed into law by...more

Katten Muchin Rosenman LLP

Corporate and Financial Weekly Digest - Volume X, Issue 37

SEC/CORPORATE - SEC Advisory Committee on Small and Emerging Companies Makes Recommendations - On September 23, the Securities and Exchange Commission Advisory Committee on Small and Emerging Companies (Advisory...more

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